However, if you frequently violate your trading rules, override your analysis, or chase random price action, you are likely producing inconsistent results punctuated by occasional lucky streaks. That approach is closer to gambling than professional trading.
Most traders do have a trading plan. Many have invested significant time validating it through technical analysis, multi-time-frame trend alignment, support and resistance evaluation, price pattern confirmation, and position and money management rules.
So if the plan is solid, why is consistent execution so difficult? |